Multifamily Property For Sale - 2387 Badger Road

2387 Badger Road, North Pole, AK, 99705

 
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Multifamily For Sale
North Pole, AK
Alaska

2387 Badger Road

 

North Pole, Alaska 99705
County: Fairbanks North Star
 
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  For Sale Active  
Type:Multifamily
Duplex/Triplex/Fourplex
No. Units:2
Building Size:3,600 SF
Lot Size:97,406 SF
Price:$269,000
Price/Unit:$134,500
Cap Rate:8.00%
Date Last Verified:11/18/2008
Property ID:15793827
 
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 Additional Information 

Property Description:
This four plex and the acreage on Badger Road has much potential. As it is, it has a cap rate of 8%. The adjoining lot has well, septic, and electric already in and makes a good building site. Owners have been contacted by a coffee cart operator interested in the corner location. The four plex has one 1-bedroom unit, and three 2-beedroom units. The floor plan of each unit is different. Each unit has its own furnace, and tenants pay their fuel charges, as well as electric and telephone. For the investor, this offers several opportunities.

Location Description:
Take Badger Road to Bradway Road. The four plex faces Badger Road and the additional lot is next to it facing Badger Road. Drive to the four plex from either Bradway or Badger.

  Financial Summary Actual  
Net Operating Income:$21,520
 
  Unit Mix Information
No Unit Mix Information Provided
 
  Debt & Equity Information
No Debt & Equity Information Provided
7/9/2008
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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